Why Investors Are Most Bearish on Euro Since June

The video discusses the potential impact of Marine Le Pen's candidacy in the French election on the euro and financial markets. It explores market reactions, euro conversion risks, and historical comparisons with Brexit and the Greek referendum. The video also examines corporate bond spreads between France and Germany, and suggests hedging strategies for investors. Lessons from past political surprises, such as Brexit and Trump's election, are highlighted to emphasize the importance of factoring in unexpected outcomes.

In what ways might the electoral system in France affect Le Pen's chances in the second round?

What lessons have investors learned from the surprises of Brexit and Trump's election regarding market reactions?